Senate passes long-stalled farm bill, with clear winners and losers

The long-stalled farm bill, which represents nearly $1 trillion in spending during the next 10 years and passed on a rare bipartisan vote, 68 to 32, produced clear winners and losers. Overall, farmers fared far better than the poor, according to the New York Times.

President Barack Obama is slated to sign the nearly 1,000-page bill on Friday at Michigan State University.

The bill expands crop insurance for farmers by $7 billion over a decade and creates new subsidies for rice and peanut growers that would kick in when prices drop. But anti-hunger advocates said the bill would harm 850,000 American households, about 1.7 million people spread across 15 states, which would lose an average of $90 per month in benefits because of the cuts in the food stamp program, according to the Times.

Read more from the New York Times.